Food & Beverage

Korean food franchises ventures in Singapore market

Korea Franchise Association participates at FLAsia 2010 to showcase Korean food franchise brands.

Korean food franchises ventures in Singapore market

Korea Franchise Association participates at FLAsia 2010 to showcase Korean food franchise brands.

Etika acquires 70% of Indonesian instant noodle manufacturer and distributor

Company completed S$3.5mln purchase expected to bring in new revenue stream and stronger foothold in Indonesia.

Etika acquires Malaysia's Family Bakery for S$8mln

Bakery business poised to drive growth by becoming leader in regional F&B group.

Olam declares offer for NZ Farming Systems unconditional

Company upholds its strategy that includes participation in dairy farming in low cost origins.

Olam to turn to shareholders for raising capital

Move to replenish capital if it gains majority stake of NZFSU.

APB builds new packaging facility in Vietnam

Improved capabilities and continued investments to augment company’s S$130mln profit in IndoChina region.

China Minzhong increases profit by 27.6%

The food manufacturing group enjoyed higher sales in processed products and fresh vegetables for the year ending 30 June 2010.

Olam International to establish Cote d'Ivoire cocoa site

S$58.7mln plant will process 60,000 metric tonnes of cocoa beans into cocoa liquor, butter and cake.

Asia Pacific Breweries profit rises 61% to $384mln

Except for $1.8mln loss in China operations, PBIT of operations in other regions soared.

Olam to raise funds if Farming Systems bid successful

Olam claimed Farming Systems' operational target-setting was unrealistic and requires significant strategic changes.

Japan Foods to open 3 restaurants in Singapore

Singaporeans will enjoy a new wave of Japanese food with the opening of the restaurants in August and September 2010.

IE Singapore leads food business mission to Africa

Agency also attracts food services providers to explore opportunities in rapidly urbanising Indonesia.

Kirin to acquire 14.7% Fraser & Neave stake from Temasek

Kirin's S$1.3 bln purchase targeted to expand soft drinks, dairy operations in Southeast Asia.

Etika to acquire Malaysian pasteurised milk manufacturer and distributor

S$38.5mln takeover of SLAJ and SLAM will enable Etika to expand to wider ready-to-drink dairy segment.

Olam eyes NZ Farming Systems Uruguay's foregone shares takeover

Share in NZFSU would increase to 100% at additional investment of S$106.78mln if offer materialises.

Fraser and Neave issues clarification letter to BT

Business Times published an article about F&N’s announcement on 13 July that it is ending its deal with Boncafe International.

Etika buys Indonesian instant noodle maker and distributor

Company enters new food and beverage sector in Indonesia with $2.9mln acquisition of PTSF and PTSB.